Fifth Third Bancorp Enters Alabama, Strengthens Southeast Presence
ZACKS· 2025-08-13 18:06
Key Takeaways Fifth Third launches its first Alabama financial center in Huntsville as part of Southeast growth.The bank plans 15 Alabama branches in three years, targeting Huntsville and Birmingham markets.Data-driven site selection aims to secure a strong deposit share and long-term Southeast presence.Fifth Third Bancorp (FITB) continues to expand its retail banking footprint across the Southeast by launching its first financial center in Alabama.The Alabama entry marks a significant milestone in FITB’s m ...
Assessing Rithm Capital's Performance For Q2 2025
Seeking Alpha· 2025-08-13 18:04
Introduction Rithm Capital Corp. (NYSE:RITM) posted solid Q2 results with earnings above the dividend and a small book value gain. Management continues to execute well, and I believe they are quite good. Shares look fairly priced at current levels. Commentary Quarterly BV Fluctuation: Minor Outperformance (1.3% Variance). Adjusted Core Earnings/EAD: Nearly an Exact Match – Very Minor Outperformance ($0.012 Variance). A largely “as expected” quarter regarding Rithm Capital’s BV, in my opinion. If anything ...
Plug Power Targets $700M in Revenues in 2025: Can It Achieve the Goal?
ZACKS· 2025-08-13 18:01
Core Insights - Plug Power Inc. (PLUG) is targeting approximately $700 million in revenues by 2025, driven by increasing demand for hydrogen solutions [1][4] - In the first half of 2025, PLUG reported revenues of $307.6 million, reflecting a year-over-year increase of 16.7% [1][8] - The surge in electrolyzer sales, which increased by 230.1% year-over-year, is a significant contributor to revenue growth [2][8] Revenue Growth Drivers - Strong demand for GenDrive fuel cells, GenFuel hydrogen infrastructure, and GenEco electrolyzer platforms is supporting PLUG's top-line performance [1] - The company is expanding its green hydrogen capacity in Georgia and has formed a joint venture with Olin Corporation in Louisiana, along with a three-gigawatt deal with Allied Green Ammonia in Australia [2] - Government incentives such as the 45V production tax credit and 48E investment tax credit are providing additional support for hydrogen production and infrastructure projects [3] Future Projections - To meet the $700 million revenue target, Plug Power needs to generate approximately $392 million in the second half of 2025 [4] - The company is well-positioned for growth due to expanding project opportunities and rising global interest in clean hydrogen [4] Peer Comparison - Flux Power Holdings, Inc. reported revenues of $16.7 million in Q3 of fiscal 2025, with a 16% year-over-year increase [5] - Bloom Energy Corporation's product and service revenues rose by 25.9% year-over-year in Q2 of 2025, with total revenues increasing by 19.5% [6] Valuation Metrics - Plug Power is currently trading at a forward price-to-earnings ratio of negative 3.54X, compared to the industry average of 22.46X [10]
RGTI Stock Down Despite Q2 Earnings Top Estimates, Revenues Decline Y/Y
ZACKS· 2025-08-13 18:01
Key Takeaways Rigetti's Q2 loss per share beat estimates, narrowing to 5 cents from 7 cents a year ago.Revenue fell 41.6% year over year to $1.8M, missing the consensus estimate by 5.7%.RGTI launched Cepheus-1-36Q, its largest multi-chip quantum computer, with 99.5% fidelity.Rigetti Computing (RGTI) reported second-quarter 2025 adjusted loss per share of 5 cents, narrower than the loss per share of 7 cents in the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of earnings by 16.7% ...
AIT Gears Up to Post Q4 Earnings: What Lies Ahead for the Stock?
ZACKS· 2025-08-13 18:01
Key Takeaways AIT to report Q4 fiscal 2025 results Aug. 14, with revenues seen up 1.7% year over year.Automation momentum and Grupo Kopar deal expected to aid Engineered Solutions' growth.Service Center weakness and higher expenses are likely to pressure margins and earnings.Applied Industrial Technologies, Inc. (AIT) is scheduled to release fourth-quarter fiscal 2025 (ended June 2025) results on Aug. 14, before market open.The Zacks Consensus Estimate for fiscal fourth-quarter earnings has remained steady ...
Kingsway Financial Shares Dip on Mixed Q2 Earnings and Revenue Growth
ZACKS· 2025-08-13 17:56
Shares of Kingsway Financial Services Inc. (KFS) have lost 4.8% since the company reported its earnings for the quarter ended June 30, 2025, underperforming the S&P 500 Index, which gained 1.6% during the same period. Over the past month, the stock has been down 3.9% versus the S&P 500’s 3.2% increase.KFS’ Earnings SnapshotKingsway Financial’s second-quarter 2025 consolidated revenue rose 16.9% year over year to $30.9 million from $26.4 million, driven primarily by the Kingsway Search Xcelerator (KSX) segme ...
3M Company Rises 22.3% YTD: Should You Buy the Stock Now or Wait?
ZACKS· 2025-08-13 17:56
Key Takeaways MMM outperformed its peers and the broader markets, closing at $157.85, up 22.3% YTD.Safety and Industrial and Transportation and Electronics segments show solid growth.Long-term debt hit $12.5B in Q2 2025, with a 74.1% debt-to-capital ratio.3M Company’s (MMM) investors have been witnessing some short-term gains from the stock of late. Shares of the diversified technology company have surged 22.3% in the year-to-date period, outpacing the S&P 500 composite and the Zacks Diversified Operations ...
Global Self Storage Stock Dips Following Q2 Earnings and Profit Growth
ZACKS· 2025-08-13 17:56
Shares of Global Self Storage, Inc. (SELF) have lost 0.5% since the company reported its earnings for the quarter ended June 30, 2025, underperforming the S&P 500 Index’s 1.8% gain over the same period. Over the past month, the stock fell 1.6%, while the S&P 500 rose 3.2%.SELF’s Earnings SnapshotGlobal Self Storage posted total revenues of $3.2 million in the second quarter of 2025, up 2.7% from the year-ago period’s $3.1 million. Net income rose to $0.7 million, or $0.06 per diluted share, from $0.6 millio ...
BTM's Q2 BTM Kiosks Revenues Rise 5.9% Y/Y: Will the Upside Continue?
ZACKS· 2025-08-13 17:56
Key Takeaways BTM Kiosks drove 99.9% of Bitcoin Depot's $172.1M Q2 revenues, up 5.9% year over year.The company operates 8,978 kiosks and expanded via Pelicoin's Gulf South assets.Partnerships with CEFCO and EG America are aimed at boosting kiosk presence and transactions.Bitcoin Depot Inc. (BTM) reported $171.9 million of BTM Kiosks revenues for the second quarter of 2025, reflecting 5.9% growth on a year-over-year basis. The metric, which accounts for almost 99.9% of the company’s total revenues, has bee ...
Strength in Commercial Aerospace Drives Howmet: Will the Momentum Last?
ZACKS· 2025-08-13 17:56
Key Takeaways Commercial aerospace made up 52% of HWM's Q2 2025 sales, up 8% year over year.Engine Products revenues rose 13.2% on stronger commercial aerospace demand.Defense sales benefit from F-35 engine spares demand and higher military budgets.Howmet Aerospace Inc.’s (HWM) commercial aerospace market is playing a significant role in driving its overall growth. In the second quarter of 2025, the company’s revenues from the commercial aerospace market increased 8% year over year, which accounted for 52% ...